BizSugar.com › Products and Services › Social Media Ad Spending Expected to Explode

Two months ago Warren Buffet scared the pants off of investors and marketers saying that social media companies were leading the charge in the second great internet bubble. He wasn’t able to understand how money was actually being made with social networking sites because they don’t actually make anything, and he said (paraphrasing) he didn’t believe the hype and others social media ad growthshould be wary about investing money in social media as well.Hmm, as it seems, not too many people agreed with him. His oracle days may be in their twilight years as a new era of business peeps who know nothing but the fast, ever-changing world of social media and internet marketing, make predictions in stark contrast to the ones made by Warren Buffet and his seasoned posse.